If you're thinking of filing for Chapter 7 bankruptcy in Georgia, you
may be surprised to find out that much of your personal property will be exempt
from liquidation. When bankruptcy works the right way, you will emerge from
your bankruptcy debt free, while keeping your home, car, and possessions.
Here is a quick look at property that will likely be exempt
from liquidation in your Chapter 7 bankruptcy.
- Your primary motor vehicle.
- Clothing.
- Furniture, household goods and other items.
- Household appliances.
- Jewelry.
- Retirement pensions.
- Equity in your home.
- Tools of your trade.
- Social security, disability benefits and other public benefits.
- Personal injury damage awards.
Qualifying for bankruptcy is the first step you can take
towards achieving a fresh financial start. Speak with a knowledgeable
bankruptcy attorney from King & King today to get your questions answered
with a no-obligation consultation.
Learn more about how to stop your home foreclosure, keep
your car from being repossessed, and other important actions you can take to
getting your life on track call King & King at 404-524-6400 for help today.
